Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
QLD › Westlake › Raeside St
$1,400,000
Last sold
31 Oct 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
988 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,400,000
31 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Westlake (last 5 years) with land size have a median of $1,750/m² of land (n=137). Districts calculation from recorded sales — not a valuation.
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Westlake
-15.2%
Median sale
Suburb $1,650,444
+0.44 pp
Gross yield
Suburb 2.41%
Suburb median $1,650,444 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $766/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Westlake at a glance
4,520
People
$1,650,444
Median sale
$766/wk
Median rent
2.41%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrisbaneYour dream lifestyle awaits at 33 Raeside Street, Westlake – where timeless charm meets lavish outdoor living and comfort. Resting grandly on a great 988m² block, this recently renovated 4-bedroom, 2.5 bathroom and 2 car lavish oasis is surrounded by a lush tapestry of vibrant greenery that beautifully blends nature with contemporary living. The striking timeless brown brick design exudes a rustic charm, while recent renovations breathe new life into every corner, ensuring a perfect harmony of classic elegance and modern convenience.
When you first step in, you'll immediately notice the chic stair case leading upstairs for convenient and easy access. The expansive formal living area unfolds before you, ideal for transforming into a cozy media room, complete with a ceiling fan and split air conditioning for year-round comfort. This generous space is incredibly versatile, allowing you to envision various layouts—perhaps a dining area nestled behind the lounge, creating an informal living space perfect for entertaining. This space also has multiple entries into the kitchen, designed for flow and functionality, making it the heart of your new home.
The kitchen is a delightful space, featuring a gas stovetop and a wide bench top that's perfect for casual dining. This expansive area not only provides ample room for meal preparation but also creates a welcoming atmosphere for family gatherings. The kitchen also features a large window framing the stunning views of the beautiful pool and outdoor area, allowing natural light to pour in and fill the space with warmth. Designed for both functionality and aesthetic appeal, this kitchen is an inviting spot to cook, entertain, and enjoy the serene surroundings. Adjacent to the kitchen, an extra space currently serves as a lounge area but offers the versatility to be transformed into a dining room, accommodating your evolving needs. It provides access to the garage and also the laundry/powder room. Overall, the open-plan layout of the ground floor enhances creativity in the home's design, allowing you to reimagine the flow and functionality of each space while enjoying an effortless connection between the kitchen, living areas, and outdoor area.
The captivating outdoor area, fully fenced surrounded by a myriad of blooming trees, is designed for both relaxation and entertaining. With multiple entries from the kitchen and laundry room, access is smooth and hassle-free. The spacious patio is a true highlight, featuring a mini bar, dining area and additional room for a cozy lounge area, making it ideal for gatherings of any size and perfect for hosting fun BBQs. The expansive pool is a standout feature, fully enclosed for safety and enjoyment, close by spacious grassy areas that provide the endless space for play, whether in or out of the water. Completing this outdoor oasis is a handy shed, adding extra storage for all your gardening and recreational needs. This backyard is not just an extension of the home; it's a vibrant retreat where unforgettable memories are made.
As you make your way upstairs, the newly installed grey carpets establishes a soft and snug atmosphere throughout the second floor. The master bedroom is a standout room, complete with a modern ensuite featuring a double vanity, perfect for couples preparing for the day or winding down in the evening. Each of the four bedrooms on this level offers the same excellent features, including ceiling fans, split air conditioning, and windows adorned with plantation shutters, ensuring comfort and style for everyone. This upper level serves as a private, comforting escape away from the lively lower level, providing a peaceful space for relaxation and rejuvenation.
What we love:
- Recently renovated interior with modern updates
- Versatile living areas all throughout ground floor
- Split air conditioning and ceiling fans consistently through out home—downstairs and upstairs
- High ceilings for a more open and airy vibe
- Many windows throughout home for generous natural lighting
- 2 car garage with extra drive way space for more parking
- Private, leafy surroundings for a naturalistic aesthetic
- Multiple entries into the outdoor area for convenience
- Spacious outdoor area with many amenities such as mini bar, dining, lounge, pool perfect for social family gatherings
- Convenient location close by many shops, schools and public transport
- Quiet peaceful streets
Location Highlights:
- 3.4km from Mt Ommaney Shopping Centre
- Local parks and bush walks
- Centenary highway entrance
- Local cafes and restaurants nearby
- Convenient access to public transport
Education Highlights:
- 2.5km Jamboree Heights State School
- 2.2km Good News Lutheran School
- 3.1km Centenary Kindergarten & Preschool
- 5.4km Centenary State High School
This stunning property combines timeless charm with modern comfort, offering spacious living areas, a beautifully designed outdoor oasis, and a cozy upstairs retreat. With its inviting atmosphere, versatile spaces, and abundance of natural light, this home is perfect for family gatherings or peaceful evenings. The lush surroundings and thoughtful features create a lifestyle that's hard to resist. Don't miss the opportunity to make 33 Raeside Street your forever home.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Jason Yang, NGU Real Estate Brisbane — reproduced as published, not verified by Districts.